Agriculture loan

Agriculture loans are tailored to acquire capital for various purposes such as expansion, inventory purchase, equipment acquisition, hiring staff, or to manage day-to-day operational expenses. The terms and conditions of these loans vary depending borrower's creditworthiness, collateral, repayment tenure and other factors.

LT0002011

Goal
10,000 €
Raised
10,000 €
100%
Return rate
15%
Rating
B+
Period
6
Time left
LTV
-
Country
Lithuania
Loan purpose
Working capital
Business information
Security measures
Loan history
Project owner Address
Povilas Pūras Topolių g. 46, Rusonių k., Rumšiškių sen., Kaišiadorių raj. sav.
header_1 Declared Owned
Dirbama žemė 42.51 ha 12.50 ha
20232022
Revenue 93,595.00 € 107,614.00 €
Net profit 16,771.00 € 13,869.00 €
Equity ratio 54.41% -
Bendra įkeisto turto vertė

0.00 €

Personal liability Personal liability of the project owner - -
Daugiau apie apsaugos priemones skaitykite čia.
Loan number Project goal Outstanding principal Paid interest Status
LT0002011 10,000.00 € 10,000.00 € 124.97 € Aktyvi
LT0000287 52,200.00 € 0.00 € 2,850.61 € Grąžinta
Project description
Documents
Payment schedule
We invite you to invest in a farmer who is committed not only to high quality production but also to sustainable agriculture. 

The Farmer is a successfully managing 42.51 hectares of land, of which 12.5 ha are owned. The farm produces wheat, oilseed rape, barley, peas, oats and 16 beef cattle.

The farmer uses the method of no-till farming on his farm and plans to expand his farm in the future by increasing the size of the farmland.

The farm's machinery fleet consists of two tractors (2004 Case IH mx-200 and 2018 TYM T1304), a 2015 Vector 420 efficient combine harvester, a seeder, a sprayer, a cultivator, and other necessary machinery to ensure a smooth and efficient workflow.

It is also important to mention that this farmer is a reliable and long-term member of the HeavyFinance community. He has a strong payment discipline and has successfully repaid the loan ahead of schedule. 

The farm is currently borrowing to increase its working capital. Join us to help further develop this promising farm and at the same time ensure its growth and development.

Project risks

For this project, there is a risk of losing all the profits made and the funds invested.

In this case, if the Project Owner fails to fulfill its obligations, the Platform Operator will take all necessary measures to protect the interests of investors and use the provided collateral, but the Platform Operator does not guarantee the full fulfillment of the Project Owner's obligations.

Financial agreements are not subject to the insurance protection established by the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.

Additional information:

If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed.